Kaltura, Inc. (NASDAQ:KLTR) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC grew its stake in Kaltura, Inc. (NASDAQ:KLTR) by 6.7% during the third quarter, HoldingsChannel.com reports. The firm owned 1,990,252 shares of the company’s stock after purchasing an additional 124,415 shares during the period. Geode Capital Management LLC’s holdings in Kaltura were worth $2,707,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. State Street Corp increased its holdings in shares of Kaltura by 0.6% in the 3rd quarter. State Street Corp now owns 1,268,751 shares of the company’s stock valued at $1,726,000 after acquiring an additional 7,719 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Kaltura by 4.8% during the second quarter. Bank of New York Mellon Corp now owns 231,173 shares of the company’s stock worth $277,000 after purchasing an additional 10,534 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in Kaltura by 5.7% in the second quarter. Renaissance Technologies LLC now owns 382,600 shares of the company’s stock worth $459,000 after purchasing an additional 20,500 shares during the period. SG Americas Securities LLC bought a new stake in Kaltura during the third quarter valued at $44,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Kaltura by 15.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 674,054 shares of the company’s stock worth $917,000 after buying an additional 91,138 shares during the last quarter. Institutional investors own 30.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on KLTR shares. Needham & Company LLC restated a “buy” rating and issued a $3.00 target price on shares of Kaltura in a research note on Thursday, November 7th. Wells Fargo & Company boosted their price objective on Kaltura from $1.00 to $1.50 and gave the company an “underweight” rating in a research report on Thursday, November 7th.

Kaltura Stock Performance

KLTR opened at $2.52 on Wednesday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.26. The business’s 50 day moving average is $2.12 and its 200-day moving average is $1.56. The stock has a market cap of $377.23 million, a PE ratio of -9.69 and a beta of 1.11. Kaltura, Inc. has a twelve month low of $0.76 and a twelve month high of $2.82.

Kaltura Company Profile

Kaltura, Inc provides various software-as-a-service (SaaS) products and solutions and a platform-as-a-service (PaaS) in the United States, Europe, the Middle East, Africa, and internationally. The company operates through two segments, Enterprise, Education, and Technology (EE&T); and Media and Telecom (M&T).